Spectris plc -5.5% potential downside indicated by JP Morgan

Spectris plc with ticker (LON:SXS) now has a potential downside of -5.5% according to JP Morgan.



JP Morgan set a target price of 3,100 GBX for the company, which when compared to the Spectris plc share price of 3,280 GBX at opening today (22/08/2023) indicates a potential downside of -5.5%. Trading has ranged between 2,654 (52 week low) and 3,884 (52 week high) with an average of 232,530 shares exchanging hands daily. The market capitalisation at the time of writing is £3,384,915,831.

Spectris plc is a United Kingdom-based company that provides critical insights to its customers through precision measurement solutions combined with technical expertise and domain knowledge. The Company provides high-tech instruments, test equipment and software for technically demanding industrial applications. The Company’s segments include Spectris Scientific, Spectris Dynamics and Other. Spectris Scientific segment provides advanced sensors and instruments used to measure, analyze, and characterize materials, as well as monitor ultra-clean manufacturing environments. The operating companies in this segment are Malvern Panalytical Limited and Particle Measuring Systems, Inc. Spectris Dynamics segment provides differentiated sensing, data acquisition, analysis modelling and simulation solutions to help customers accelerate product development and enhance product performance. The Other segment is a portfolio of high-value precision in-line sensing and monitoring businesses.